Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (15,034.53, down 31.08 points) Aurora Cannabis Inc. (TSX:ACB). Health care. Up 18 cents, or 1.61 per cent, to $11.33 on 25 million shares. Cenovus Energy Inc. (TSX:CVE). Oil and gas. Down 48 cents, or 4.87 per cent, to $9.37 on 9.3 million shares. BioAmber Inc. (TSX:BIOA). Chemicals. Down 12.5... Read More

Ontario sheds 59K part-time jobs in Jan. as new $14 minimum wage begins

Ontario sheds 59K part-time jobs in Jan. as new $14 minimum wage begins
TORONTO — Ontario shed 59,300 part-time jobs in January as the province implemented a $2.40 cent minimum wage hike at the start of the month. Statistics Canada says the province shed 50,800 jobs total from December 2017, gaining 8,500 full-time positions but losing 59,300 part-time gigs. That’s 46,100 fewer people in part-time posts in January 2018 than the same time the previous year... Read More

Uber, Waymo settle trade secrets clash

Uber, Waymo settle trade secrets clash
SAN FRANCISCO — Uber has settled a lawsuit alleging that it ripped off self-driving car technology from Google’s autonomous vehicle division. Under the deal, Uber will pay Waymo, which is part of Alphabet, Inc., a settlement valued by Waymo at $245 million. Both confirmed the settlement early Friday, four days into a federal court trial in the case. Waymo says... Read More

Aecon pushes back on fears over proposed sale to Chinese state-owned firm

Aecon pushes back on fears over proposed sale to Chinese state-owned firm
CALGARY — Construction company Aecon Group Inc. is pushing back against criticism of the sale of the company to Chinese state-owned firm CCCC International Holding Ltd. The proposed $1.5-billion sale, which shareholders approved in December, has prompted calls for a formal national security review. The sale has been approved by the Competition Bureau, but still requires clearance through the Investment Canada... Read More

Philippines president kills controversial helicopter deal with Canada

Philippines president kills controversial helicopter deal with Canada
OTTAWA — Philippine President Rodrigo Duterte says he is cancelling his country’s plans to buy 16 military helicopters from Canada now that the Trudeau government is reviewing the deal over human-rights concerns. While Duterte says he respects Canada’s position, he also opposes any condition that would restrict using the helicopters in fighting terrorists and communist rebels inside his country. The helicopter deal is... Read More

New energy projects get two-year approval window under new assessment regime

New energy projects get two-year approval window under new assessment regime
OTTAWA — Major new energy projects will have to be assessed and either approved or denied within two years under a massive new national assessment bill being introduced in the House of Commons. Environment Minister Catherine McKenna, who introduced the 341-page Impact Assessment Act Thursday morning, said it will provide clarity and certainty about how the process works, what companies need to do,... Read More

Canada sheds 88,000 net jobs, but sees full-time gains; jobless rate at 5.9%

Canada sheds 88,000 net jobs, but sees full-time gains; jobless rate at 5.9%
OTTAWA — The number of jobs in Canada fell by 88,000 in January to give the labour market its steepest one-month drop in nine years, Statistics Canada said Friday. The overall number was dragged down by a loss of 137,000 part-time positions in what was easily the category’s largest one-month collapse since the agency started gathering the data in 1976.... Read More

B.C. already seeking new markets for wine in Asia and the U.S.: premier Horgan

B.C. already seeking new markets for wine in Asia and the U.S.: premier Horgan
VANCOUVER — Premier John Horgan says he plans to intensify efforts to find new markets for B.C. wine, which was already being done before Alberta’s ban over the Trans Mountain pipeline. Horgan said he promoted the industry during a recent trip to China, South Korea and Japan, and he plans to discuss increasing the province’s market share south of the border on a... Read More